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Which state is the cheapest to live in? US News ranks the states with the best economic affordability, based on the cost of living and housing affordability.
U.S. News ranks states based on the cost of living. See which states have the lowest cost of living.
With a cost of living index of 84.3, according to MERIC (Missouri Economic Research and Information Center), West Virginia is the most affordable state in the U.S. It also has the lowest...
Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation. The median price for a single-family home in Mississippi is $157,828, and the average rent for a two-bedroom apartment is $991.
CNBC considers cost of living in ranking America’s Top States for Business each year. Some states are much cheaper than others, led by these 10 most inexpensive U.S. states.
That said, it’s important to live somewhere you can actually afford—so find out if the cheapest states to live in will fit you and your family. To get started, try our free Cost of Living Calculator and compare your current hometown to cities in the most affordable states.
Hawaii claimed the top spot as the most expensive state in terms of cost of living, with an average annual expenditure of $55,491. Additionally, residents of the Aloha State have the lowest...